Markit Germany Composite Purchasing Managers Index (PMI)

Country:
Germany
EUR, Euro
Source:
Sector:
Business
Medium 31.4 15.9
17.4
Last release Importance Actual Forecast
Previous
31.4
31.4
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

The German Purchasing Manager Indices (PMI) are compiled by IHS Markit and are based on surveys of a representative sample of 1000 companies in industry and services. The Flash indices are based on around 85% of the feedback from the monthly survey and thus provide a detailed early estimate of the final PMIs.

The Composite Output PMI is a weighted average of the Manufacturing Output Index and the Services Business Activity Index.

The index of business activity in the services sector is the direct equivalent of the index of industrial production and is based on the question "Is business activity in your company higher, equal or lower than a month ago?” The Purchasing Managers' Index for Industry is an index consisting of the weighted combination of the following five sub-indices (weighting in brackets): new orders (0.3), production (0.25), employment (0.2), delivery times (0.15), stocks of raw materials (0.1). The delivery times index is an inverse index. The industrial production index is based on the question “Is the production/performance in your enterprise higher, equal to or lower than a month ago?”

The averages between the preliminary estimates and the final PMIs (final value minus flash value) differ only slightly according to the historical data series available since January 2006.

The Einkaufsmanagerindex™/Purchasing Managers' Index® (EMI™, PMI®) tracks the actual economic situation in the private sector at the earliest possible point in time by reflecting developments in sales, employment, inventories and prices. The indices are held in high esteem by decision-makers in business, governments and economic researchers at financial institutions and are frequently used by them. They provide appropriate information for a better understanding of the economic environment and serve as orientation for decisions on corporate and investment strategy. The PMIs also play a particularly important role in the interest rate decisions of many central banks (including the European Central Bank). Much earlier than official statistics, the PMIs are the first leading indicators available to provide monthly information on the actual development of the economy.

The index is an early indicator for the economy as a whole. The growth of the combined PMI is an indicator of favourable market conditions and can be seen as positive for the euro.

Last values:

actual data

forecast

The chart of the entire available history of the "Markit Germany Composite Purchasing Managers Index (PMI)" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020 prelim.
31.4
15.9
17.4
Apr 2020
17.4
17.1
17.1
Apr 2020 prelim.
17.1
63.1
35
Mar 2020
35
37.2
37.2
Mar 2020 prelim.
37.2
50.7
50.7
Feb 2020
50.7
51.1
51.1
Feb 2020 prelim.
51.1
51
51.2
Jan 2020
51.2
51.1
51.1
Jan 2020 prelim.
51.1
50.7
50.2
Dec 2019
50.2
49.4
49.4
Dec 2019 prelim.
49.4
49.9
49.4
Nov 2019
49.4
49.2
49.2
Nov 2019 prelim.
49.2
48.3
48.9
Oct 2019
48.9
48.6
48.6
Oct 2019 prelim.
48.6
49.2
48.5
Sep 2019
48.5
49.1
49.1
Sep 2019 prelim.
49.1
50.7
51.7
Aug 2019
51.7
51.4
51.4
Aug 2019 prelim.
51.4
50.3
50.9
Jul 2019
50.9
51.4
51.4
Jul 2019 prelim.
51.4
52.7
52.6
Jun 2019
52.6
52.6
52.6
Jun 2019 prelim.
52.6
52.7
52.6
May 2019
52.6
52.4
52.4
May 2019 prelim.
52.4
52.4
52.2
Apr 2019
52.2
52.1
52.1
Apr 2019 prelim.
52.1
50.8
51.4
Mar 2019
51.4
51.5
51.5
Mar 2019 prelim.
51.5
53.1
52.8
Feb 2019
52.8
52.7
52.7
Feb 2019 prelim.
52.7
52.1
52.1
Jan 2019
52.1
52.1
52.1
Jan 2019 prelim.
52.1
52.2
51.6
Dec 2018
51.6
52.5
52.2
Dec 2018 prelim.
52.2
52.5
52.3
Nov 2018
52.3
52
52.2
Nov 2018 prelim.
52.2
52.2
53.4
Oct 2018
53.4
52.7
Oct 2018 prelim.
52.7
55
Sep 2018
55
55.3
Sep 2018 prelim.
55.3
55.6
Aug 2018
55.6
55.7
Aug 2018 prelim.
55.7
55
Jul 2018
55
55.2
Jul 2018 prelim.
55.2
54.8
Jun 2018
54.8
54.2
Jun 2018 prelim.
54.2
53.4
May 2018
53.4
53.1
May 2018 prelim.
53.1
54.6
Apr 2018
54.6
55.3

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Date format

Your embed code

Copy widget codeCopied

Preview